Announced Wed, 8 Apr · 17:06 IST
Postal Ballot: MOA Expansion & Director Re-appointment
Strategic Transactions View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹1.25
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.4-3.2+4.0+14.4+25.6+43.2+19.2+18.4+3.2-7.2
Up moveDown movePending
AI summary
Mehai Technology is seeking shareholder approval via postal ballot (e-voting Apr 9 – May 8, 2026) for two items: (1) expanding main objects clause to enter petroleum/hydrocarbon trading, pharmaceutical and healthcare products, grain/food processing, and dental prosthetics manufacturing; and (2) re-appointing Mr. Akash Tak (DIN: 09013968) as Non-Executive Independent Director for 5 years (Jan 21, 2026 – Jan 20, 2031). Results by May 12, 2026.
Likely market impact
Major diversification pivot beyond IT into petroleum, pharma, grains, and dental products could reshape the company's business profile.